Widgie Nickel Limited (ASX: WIN) has received confirmative assay results from its recent diamond drilling (DD) infill programme targeting the Widgie 3 nickel mineralisation system at the Widgie South deposits in Western Australia.
The company sees Widgie South (comprising Widgie 3, Widgie Townsite, Gillett and Gillett North) as a key mining centre within the company’s nickel portfolio given its significant nickel endowment of 71,800 t Ni.
The Scoping Study which is currently underway, incorporating the Widgie South deposits, 132N and Armstrong mining centres is set to reaffirm Widgie’s aspirations of becoming the next major nickel producer in Australia.
The Widgie South area is located on Mining Lease M15/94, 1km to the south of the Widgiemooltha township. Access is via the Coolgardie-Norseman Rd, 63km south of Coolgardie. Widgie South is central to the Company’s Mt Edwards Project, covering a significant land holding within the Widgiemooltha Nickel Province between the historic Spargoville nickel mines to the north and the currently operating Cassini nickel mine (Wyloo Metals) to the south .
High grade results will ultimately feed into the feasibility studies that envisions a more substantive nickel mining operation than just Armstrong, incorporating the Widgie South deposits (comprising Widgie 3, Widgie Townsite, Gillett and Gillett North), Armstrong and 132N supported by a standalone nickel concentrator.
These exceptional results from Widgie 3 resource definition drilling continue to point towards a robust Widgie 3 resource upgrade and in turn more favourable underlying economics,” Managing Director, Steve Norregaard, said.
“Considering the deepest drilling in this phase confirms mineralisation to only a very shallow 300m below surface we can look forward to the upcoming Widgie 3 resource update with further resource growth if warranted on the horizon.
“This all feeds into our plan to incorporate the Widgie South deposits into a scoping study with the aim of becoming a major sulphide nickel producer.”
